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Danaos Corp. offers exceptional value - trading well below tangible asset value, with strong balance sheet safety and a robust earnings outlook. The company secures high profitability through long-term charter contracts, locking in favorable rates and providing revenue stability. Despite exceptional fundamentals and quant ratings, the market has yet to fully recognize the underlying asset value in DAC's share quote.
Danaos Corporation (NYSE:DAC ) Q2 2025 Earnings Conference Call August 5, 2025 9:00 AM ET Company Participants Evangelos Chatzis - VP, CFO, Treasurer & Secretary John Koustas - Chairman, President & CEO Conference Call Participants Climent Molins - Unidentified Company Value Investor's Edge - Unidentified Company Omar Mostafa Nokta - Jefferies LLC, Research Division Operator Good day, and welcome to the Danaos Corporation Conference Call to discuss the financial results for the 3 months ending June 30, 2025. As a reminder, today's call is being recorded.
Danaos (DAC) came out with quarterly earnings of $6.36 per share, missing the Zacks Consensus Estimate of $6.52 per share. This compares to earnings of $6.78 per share a year ago.
ATHENS, Greece , Aug. 4, 2025 /PRNewswire/ -- Danaos Corporation ("Danaos") (NYSE: DAC), one of the world's largest independent owners of container vessels and drybulk vessels, today reported unaudited results for the period ended June 30, 2025. Financial Summary Three Months Ended June 30, 2025 and Three Months Ended June 30, 2024 Unaudited ( Expressed in thousands of United States dollars, except as otherwise stated ) Three Months Ended Three Months Ended June 3 0 , 2025 June 3 0 , 2024 Financial & Operating Metrics Container Vessels Dry bulkVessels Other Total ContainerVessels Dry bulkVessels Other Total Operating Revenues $239,446 $22,708 - $262,154 $230,586 $15,720 - $246,306 Voyage Expenses,excl.
Occidental Petroleum Corporation is heavily U.S. and Permian-focused, lacking both true diversification and pure-play shale status compared to peers. The company's main operational upside lies in Enhanced Oil Recovery, or EOR, using carbon capture, which benefits from lucrative tax credits. Direct Air Capture, or DAC, is a costly, inefficient carbon capture method; cheaper, scalable alternatives exist, making Oxy's heavy DAC investment questionable.
ATHENS, Greece , July 25, 2025 /PRNewswire/ -- Danaos Corporation (NYSE: DAC), one of the world's largest independent owners of containerships, announced today that it will release its results for the second quarter ended June 30, 2025, after the close of the market in New York on Monday, August 4, 2025. The Company's management team will host a conference call to discuss the results on Tuesday, August 5, 2025 at 9:00 A.M.
Danaos is well-positioned in a challenging shipping market due to its low leverage, strong balance sheet, and focus on sub-12,000 TEU vessels. Long-term charters and a diversified customer base insulate DAC from near-term market volatility and provide stable cash flows through at least 2027. Elevated scrapping activity, environmental regulations, and DAC's modern fleet should drive long-term competitive advantages as older ships exit the market.
Danaos boasts a $3.7 billion revenue backlog, providing nearly four years of cash flow visibility and strong charter coverage into 2026. Management has secured premium, long-term rates for all newbuild containerships, supporting predictable growth and high returns. Share repurchases have accelerated and the stock trades at a steep discount to book value, making the risk-reward highly attractive.
SAN JOSE, Calif. , June 18, 2025 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) Hard IP, ruggedized FPGAs, and endpoint AI solutions, today announced it will exhibit at the 2025 Chips to Systems Conference (DAC) in San Francisco.
Danaos trades at less than half of book value despite having minimal net debt, with strong earnings visibility through 2028 due to $3.7 billion of contracted revenues. Danaos has recently become more aggressive with share repurchases, buying back over $50 million through May 14th of this year, ~5% of the float! The containership market has strengthened significantly lately, providing Danaos a great opportunity to further contract out 2026 and 2027 when their newbuilds hit the water.